Is 3million THB condo rule applicable for individuals that bought a condo before this rule was paased? For exmaple, if someone bought a 5m or 6m condo in 2020 or 2021 but never applied for investment visa by adding additional 5/4m to meet 10m. Would that original purchase will be considered for the new 3m clause or a new 3m purchase post law publishing date is required?
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TLDR : Answer Summary
The conversation discusses the applicability of Thailand's new investment visa rules concerning the purchase of condos. Specifically, it questions whether individuals who bought condos valued at 5 million THB or 6 million THB before the new 3 million THB rule was enacted can benefit from this clause. Many commenters suggest that the rule may apply only to purchases made after a specific date (October 2020). There is considerable skepticism regarding the existence and clarity of the investment visa, with various commenters sharing links for further clarification and expressing doubts about the legitimacy and practicality of the new regulations.
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